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₹25K crore export push clears Cabinet hurdle, implementation next

EPM to aid MSMEs with trade finance, market access; IES to be revamped

MSME, Financial Stability Report, lending, money management
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According to the Delhi-based think tank Global Trade Research Initiative (GTRI), although announced in February, the EPM remains a broad framework and now needs to be translated into detailed schemes specifying eligibility, processes, and disbursement rules.

Shreya Nandi New Delhi
A day after the Union Cabinet approved the ₹25,060 crore Export Promotion Mission (EPM), government officials said the immediate focus would be on setting up the implementation architecture and finalising detailed procedures for schemes aimed at supporting exporters. 
While finalising the guidelines may take two to three months, the government will, in the meantime, prioritise clearing arrears of around ₹300 crore under the Market Access Initiative scheme and intensify buyer-seller meets to help diversify export markets.
The Interest Equalisation Scheme (IES), which was not extended beyond December 31, 2024, will be reintroduced in a revamped form, in line with contemporary trade